Kidpik (Kidpik) LT-Debt-to-Total-Asset : 0.20 (As of Mar. 2024)

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What is Kidpik LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Kidpik's long-term debt to total assests ratio for the quarter that ended in Mar. 2024 was 0.20.

Kidpik's long-term debt to total assets ratio increased from Mar. 2023 (0.07) to Mar. 2024 (0.20). It may suggest that Kidpik is progressively becoming more dependent on debt to grow their business.

Kidpik LT-Debt-to-Total-Asset Historical Data

The historical data trend for Kidpik's LT-Debt-to-Total-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Kidpik LT-Debt-to-Total-Asset Chart

Kidpik Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

LT-Debt-to-Total-Asset

0.40

0.04

0.07

0.11

Kidpik Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial												0.07	0.08	0.08	0.11	0.20

Kidpik LT-Debt-to-Total-Asset Calculation

Kidpik's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

LT Debt to Total Assets (A: Dec. 2023 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2023 )	/	Total Assets (A: Dec. 2023 )
	=	0.78	/	7.117
	=	0.11

Kidpik's Long-Term Debt to Total Asset Ratio for the quarter that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (Q: Mar. 2024 )	=	Long-Term Debt & Capital Lease Obligation (Q: Mar. 2024 )	/	Total Assets (Q: Mar. 2024 )
	=	1.369	/	6.76
	=	0.20

Kidpik (NAS:PIK) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Kidpik LT-Debt-to-Total-Asset Related Terms

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Kidpik (Kidpik) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Kidpik Corp (NAS:PIK) » Definitions » LT-Debt-to-Total-Asset

Comparable Companies

Traded in Other Exchanges

N/A

Address

200 Park Avenue South, 3rd Floor, New York, NY, USA, 10003

Website

https://www.kidpik.com

Kidpik Corp is a subscription-based e-commerce business geared toward kid products for girl's and boy's apparel, footwear, and accessories. The Company serves its customers through the clothing subscription box business, its retail website and 3rd party websites.

Executives

Jill Pasechnick	officer: CAO	101 NIEHAUS AVENUE, LITTLE FERRY NJ 07643
Jill Kronenberg	director	C/O 200 PARK AVENUE SOUTH, 3RD FLOOR, NEW YORK NY 10003
Hobart Sichel	director	1830 ROUTE 130 NORTH, BURLINGTON NJ 08016
David Oddi	director
Adir Katzav	officer: EVP, CFO, and Treasurer	C/O EAGLE BULK SHIPPING INC., 477 MADISON AVENUE, NEW YORK NY 10022
Ezra Dabah	director, 10 percent owner, officer: President, CEO and Chairman	ONE DODGE DR, WEST CALDWELL NJ 07006
Renee Dabah	10 percent owner
Raine Silverstein	10 percent owner
Moshe Dabah	officer: VP, COO and CTO	C/O 200 PARK AVENUE SOUTH, 3RD FLOOR, NEW YORK NY 10003